Symantec Revamps, 3rd Security Firm With Good Quarter

Symantec's sales and earnings for the June quarter handily topped estimates late Tuesday, amid a major revamp of the security company, which was so swollen from acquisitions that in January its new CEO called it "bloated" with managers. Now it is "very close to completing" its reorganization and has reduced management positions by about 30% to 40%, Symantec (SYMC) Chief Financial Officer James ...

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